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S-10.1 - Act respecting the Naskapi Development Corporation
Section 12
Disposition versions
12. The compensation mentioned in paragraph 1 of section 5, and the revenues and investments made therewith are liable only for debts and obligations relating directly to their investment and management. They do not form part of the common pledge in favour of the creditors at large of the Corporation and are exempt from seizure, save in respect of debts and obligations relating directly to the management and investment of the compensation.
